327 2nd St. #Third FloorCoralville, IA 52241

Commercial · 14,440 Sq. ft. | 2.32 Acres
$2,400,000 Active

327 2nd St. #Third Floor Overview

Time on Site:
322 days
Visits:
13

Top floor commercial condo with two great tenants and long term returns. Annual gross revenue of $317,000 and NOI of $172,000. A great turnkey investment in a highly desirable location on the Coralville Strip just minutes from UIHC, IRL, Coral Ridge Mall, and the UofI Campus. The building offers convenient parking and elevator access.

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327 2nd St. #Third Floor Facts & Features

  • Type Commercial
  • Sq. ft. 14,440
  • Price/Sq.ft. $166
  • Lot 2.32 Acres

Details

General

School Information

  • Elementary School: Central
  • Middle Or Junior School: Northwest
  • High School: West

Building Information

  • Year Built: 2004

Business Information

  • Business Name: Educational,Medical Dental,Office Building

Location/Region

  • County Or Parish: Johnson
  • MLS Area Major: Coralville

Tax Information

  • Tax Year: 2024

General Information

  • Property Sub Type: Office
  • Property Type: COMMERCIAL
  • Zoning: CPUD

Interior

Building Interior

  • Building Area Total: 14440

General Information

  • Cooling: Central A/C
  • Flooring: Concrete Structure,Carpet
  • Heating: Gas,Forced Air
  • Interior Features: Security System,Sprinkler System

Unit Information

  • Unit Number: Third Floor

Exterior

Lot Information

  • Lot Size Acres: 2.32
  • Lot Size Area: 2-5 Acres
  • Lot Size Dimensions: N/A

Building Exterior/Construction

  • Roof: Metal/Steel,Other

General Information

  • Road Frontage Type: County/City Road,US Highway
  • Utilities: Electricity,Natural Gas,Sewer,Telephone,Water-City

327 2nd St. #Third Floor Neighborhood

Community

52241 (CORALVILLE) Demographics

33
Median Age
1,795
Population Density (per sq. mile)
68%
College Educated
$68,038
Estimated Median Income
4,683
Estimated Total Home Owners
4,007
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

327 2nd St. #Third Floor Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

327 2nd St. #Third Floor Market Data

Based on the last 30 days in this zip code

$380,032
Average List Price
$201
Average Price per Square Foot
83
Properties Sold
105
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

327 2nd St. #Third Floor History

Date Event Value Agent
8/17/2025Source: Iowa City MLS Status Change
Active
8/11/2025Source: Iowa City MLS Added to Database
August 11, 2025
Listing provided courtesy of Lepic-Kroeger, REALTORS- MLS# 202505121MLS Provider